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iShares Bitcoin Trust

1,650 hedge funds and large institutions have $18.8B invested in iShares Bitcoin Trust in 2025 Q4 according to their latest regulatory filings, with 297 funds opening new positions, 789 increasing their positions, 395 reducing their positions, and 238 closing their positions.

New
Increased
Maintained
Reduced
Closed

more repeat investments, than reductions

Existing positions increased: | Existing positions reduced:

more call options, than puts

Call options by funds: $ | Put options by funds: $

more first-time investments, than exits

New positions opened: | Existing positions closed:

more funds holding

Funds holding:

2.92% less ownership

Funds ownership: 30.76%27.84% (-2.9%)

20% less funds holding in top 10

Funds holding in top 10: 130104 (-26)

30% less capital invested

Capital invested by funds: $26.9B → $18.8B (-$8.03B)

Holders
1,650
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
104
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$10.6B
Puts
$8.24B
Net Calls
Net Calls Change

Top Buyers

1 +$785M
2 +$404M
3 +$226M
4
Citadel Advisors
Citadel Advisors
Florida
+$156M
5
BlackRock
BlackRock
New York
+$135M
Name Holding Trade Value Shares
Change
Change in
Stake
RF
1651
Robbins Farley
New Hampshire
$447
NWMP
1652
Noble Wealth Management PBC
Colorado
$248
PPL
1653
Planning Project LLC
Texas
$199
TFA
1654
Toth Financial Advisory
Virginia
$100
SC
1655
Sculptor Capital
New York
BCP
1656
BSN Capital Partners
United Kingdom
CL
1657
CRCM LP
California
Bank of Montreal
1658
Bank of Montreal
Ontario, Canada
LWA
1659
Lantern Wealth Advisors
New York
NM
1660
NWI Management
New York
CHP
1661
Castle Hook Partners
New York
HI
1662
Horizon Investments
North Carolina
HCS
1663
Himension Capital (Singapore)
Singapore
HHGC
1664
Hunting Hill Global Capital
New York
ONGA
1665
O'Neil Global Advisors
California
LP
1666
LMR Partners
United Kingdom
LCM
1667
Landscape Capital Management
New Jersey
MP
1668
Mangrove Partners
Connecticut
ACM
1669
Ariose Capital Management
Hong Kong
SCM
1670
Stevens Capital Management
Pennsylvania
Point72 Asset Management
1671
Point72 Asset Management
Connecticut
CCM
1672
Context Capital Management
California
VWM
1673
Vigilare Wealth Management
Arizona
LCG
1674
Luxor Capital Group
New York
ACMH
1675
Andar Capital Management (HK)
Hong Kong